NOT LISTED FOR SALE

Estimated Value: $354,000 - $510,000

6 Beds
4 Baths
2,048 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $246,000 $120 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,597/month

60 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • Central Heating
  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

As of June 2018

Duplex for sale, only thirteen years old, spacious three bed rooms, two baths each unit. This duplex units have good size kitchens, living room, with tile floors trough out, dual pane windows, electric stove, central heat and air, plus inside laundry room.

Last Agent to Sell the Property

Maria Pina

Century 21 Select Real Estate License #01130617 Listed on: 02/24/2018

Century 21 Select Real Estate

Last Buyer's Agent

Stan Velu

Stoneridge Invest. Group License #01381912

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,011

Year Built

  • Built in 2005

Lot Details

  • 6,324

Parking

  • Carport

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Tile Flooring
  • Free-Standing Electric Range

Additional Features

  • 6,324 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Security Deposit $1,700
  • Tenant pays for cable tv electricity trash collection water
  • Assessor Parcel Number 008-012-022

Community Details

Overview

  • No Home Owners Association

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $2,400
  • Operating Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,011

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 2005
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 249990.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Parking Features: Carport

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Utilities Expenses: 1920

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1452
  • Lot Dimensions: 124x51
  • Lot Size Sq Ft: 6324

Rental Info

  • Tenant Pays: Cable TV,Electricity,Trash Collection,Water
  • Total Deposit: 1700

Multi Family

  • Gross Income: 19200
  • Operating Expense: 5000
  • Income Includes: Rent Only
  • Insurance Expense: 2400
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 008-012-022
  • Current RE Taxes: 2011

MLS Schools

  • School District (County): Madera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2018
Closed on
Jun 18, 2018
Sold by
Angel Morales Miguel
Bought by
Barn Gurmit
Seller's Agent
Maria Pina
Century 21 Select Real Estate
Buyer's Agent
Stan Velu
Stoneridge Invest. Group
List Price
$275,000
Sold Price
$246,000
Premium/Discount to List
-$29,000
-10.55%
Current Estimated Value
$426,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,947
Avg. Annual Appreciation
7.05%
Original Mortgage
$182,250
Outstanding Balance
$158,605
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$242,947

Purchase Details

Listed on
Feb 24, 2018
Closed on
Jun 14, 2018
Sold by
Morales Miguel Angel
Bought by
Barn Gurmit
Seller's Agent
Maria Pina
Century 21 Select Real Estate
Buyer's Agent
Stan Velu
Stoneridge Invest. Group
List Price
$275,000
Sold Price
$246,000
Premium/Discount to List
-$29,000
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Outstanding Balance
$158,605
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$242,947

Purchase Details

Listed on
May 12, 2014
Closed on
Jul 9, 2014
Sold by
Morales Erika
Bought by
Morales Miguel Angel
Seller's Agent
Rosanne Bonilla
Nora and Associates Real Estat
Buyer's Agent
Rosanne Bonilla
Nora and Associates Real Estat
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$154,242
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Listed on
May 12, 2014
Closed on
Jun 4, 2014
Sold by
Gonzales Phillip Martin and Gonzales Cathy Rarnirez
Bought by
Morales Miguel Angel
Seller's Agent
Rosanne Bonilla
Nora and Associates Real Estat
Buyer's Agent
Rosanne Bonilla
Nora and Associates Real Estat
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,242
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2010
Sold by
Gonzales Phillip M and Gonzales Cathy R
Bought by
Gonzales Phillip Martin and Gonzales Cathy Ramirez

Purchase Details

Closed on
Jul 28, 2006
Sold by
Gonzales Phillip M and Gonzales Cathy R
Bought by
Gonzales Phillip M and Gonzales Cathy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2003
Sold by
Gonzales Ruben H and Gonzales Dolores G
Bought by
Gonzales Phillip M and Gonzales Cathy R

Purchase Details

Closed on
Apr 17, 2003
Sold by
Luna Roman and Luna Eloisa R
Bought by
Gonzales Ruben H and Gonzales Dolores G

Purchase Details

Closed on
Jul 7, 2000
Sold by
Gonzales Ruben H and Gonzales Dolores G
Bought by
Luna Roman and Luna Eloisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
8.55%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barn Gurmit $246,000 New Title Company Name
Barn Gurmit $246,000 Cypress Title Copr
Morales Miguel Angel -- Fidelity National Title Co
Morales Miguel Angel $170,000 Fidelity National Title Co
Gonzales Phillip Martin -- None Available
Gonzales Phillip M -- First American Title Co
Gonzales Phillip M $30,000 --
Gonzales Ruben H $43,870 --
Luna Roman $45,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barn Gurmit $182,250
Closed Barn Gurmit $182,250
Previous Owner Morales Miguel Angel $154,242
Previous Owner Gonzales Phillip Martin $155,500
Previous Owner Gonzales Phillip M $165,000
Previous Owner Luna Roman $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2018 06/19/18 Sold $246,000 -10.5% $120 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $275,000 +61.8% $134 / Sq Ft
07/17/2014 07/17/14 Sold $170,000 0.0% $86 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $170,000 -- $86 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,250 $279,900 $39,821 $240,079
2023 $3,250 $269,033 $38,276 $230,757
2022 $3,037 $263,759 $37,526 $226,233
2021 $2,980 $258,589 $36,791 $221,798
2020 $3,035 $255,938 $36,414 $219,524
2019 $3,012 $250,920 $35,700 $215,220
2018 $2,034 $179,563 $21,125 $158,438
2017 $2,011 $176,043 $20,711 $155,332
2016 $1,961 $172,592 $20,305 $152,287
2015 $1,931 $170,000 $20,000 $150,000
2014 $1,761 $162,737 $17,757 $144,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18011232

MetroList

APN: 008-012-022